The country was number 8 in 2023, the Czech Republic overtook 0.01 Percent of GDP. Hungary, Spain and Sweden respectively were numbers 2, 3 and 4 in this ranking.
How does Serbia rank in Business Expenditure on R&D in Utilities and Remediation Activities?
| # | 14 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 0.045 | 2023 | +4.65% | +5.77% | View data |
| 2 | 2 Hungary | 0.029 | 2021 | View data | ||
| 3 | 3 Spain | 0.026 | 2021 | View data | ||
| 4 | 4 Sweden | 0.026 | 2023 | +4% | -7.31% | View data |
| 5 | 5 Portugal | 0.023 | 2023 | +4.55% | +23.52% | View data |
| 7 | 7 Italy | 0.017 | 2023 | 0% | +11.2% | View data |
| 8 | 8 Czech Republic | 0.013 | 2023 | 0% | +13.18% | View data |
| 9 | 9 Serbia | 0.013 | 2023 | +8.33% | -10.78% | |
| 10 | 10 Poland | 0.01 | 2023 | 0% | +4.56% | View data |
| 11 | 11 Bosnia and Herzegovina | 0.009 | 2021 | View data | ||